Fee for use of software taxable as Royalty

ING Vysya Bank Ltd. Vs The Deputy Director of Income Tax Income-Tax Appellate Tribunal- Bangalore I.T.A. No. 160(Bang.)/2010 (Assessment Year: 2008- 09) ORDER PER SMT P. MADHAVI DEVI, JM; This is an appeal filed by the assessee and its directed against the order of the CIT(A)-IV, Bangalore, dated 30-11-2009 for the assessment year 2008-09. The assessee is aggrieved by the CIT(A) in considering the assessee as assessee is default u/s 201(1) of the Income-tax Act, 1961 on the ground that the assessee has failed to deduct tax at source u/s 195 of the Act on the payments made by ...